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There is no doubt in the saying that scams and fraud activities surround one-third of the financial market. Forex market is not far from these types of frauds. The most common and popular scam of this market is the pyramid scheme. You must have read several questions on the internet Related to this scheme: Is forex a scam? Is forex a pyramid scheme? What is a pyramid scheme? We have made it simple for you by providing accurate answers to these questions. The guide revolves around the following points: